Saturday, July 28, 2007

Schwab Weighs in on Our Porfolio, and We're Still Not Making the Grade

It’s time once again to review our grades, that is, your Cheap Stocks editor's portfolio as "graded" by Charles Schwab's stock rating system. We ran a similar column 11/18/06, and our grades were miserable.

This is not to denigrate Schwab, or their rating system. We've had a Charles Schwab account for years, and their service has been outstanding. Plus it's natural that their rating system would cater to the more common names, where there's actually data available, and liquidity (unlike many of the names in our portfolio).